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Treasurer Lynn Fitch and College Savings Mississippi Announce Open Enrollment for MPACT

Posted On:
8/31/2015

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State Treasurer
Lynn Fitch and College Savings Mississippi announce open enrollment for the
Mississippi Prepaid Affordable College Tuition Plan (MPACT) starting tomorrow,
September 1, 2015. MPACT is Mississippi’s prepaid tuition plan that prepays the
cost of tuition and mandatory fees, and protects against the future rise in college
tuition. MPACT offers tuition plans for universities, community colleges or a
combination of the two. MPACT also offers flexible payment plans including lump
sum, annual payments, monthly payments, or a partial down payment followed by
monthly or annual payments. The flexibility in payment options makes MPACT
affordable for all Mississippians. The enrollment period is open from September
1 through May 31, 2016.

“Statistics show
that a child is seven times more likely to go to college if a parent or guardian
has set aside money for that child’s future,” said Treasurer Fitch. “Prepaying
college tuition can save significant dollars by the time your child enrolls in
college. But MPACT does more than just save your family money. MPACT gives you
the peace of mind that comes from knowing your child’s college tuition can be
paid in full before he or she attends the first class. We want to continue to
encourage families to invest in the future with College Savings Mississippi.”